Let's be clear first:
My first reaction to AI public chains is not 'how sexy is the future', but rather — can you survive?
The white paper reads like a science fiction novel.
The K-line looks like a rescue scene.
I don't want to be numbed by narrative anymore.
So I did something even colder —
Treat Vanar Chain as a 'stress test question'.
Don't look at dreams.
Only look at hard indicators.
First, let's get to the point: How big is the plate? Is there a lot of money?
The price hovers around 0.006 dollars.
The 24-hour fluctuations are as tight as being locked up.
Transaction volume at several million dollars.
Market capitalization just over ten million dollars.
Translated into plain language:
This is not the main battlefield for large capital hunting.
This is a low-cap, high elasticity, high volatility asset.
Advantages?
Once there is real progress, the space for growth is quite large.
Disadvantages?
Once no one takes over, it turns around quickly.
Small market cap is not a crime.
Empty narratives are.
Second, don't talk to me about dreams, talk about 'necessity'
The official website claims to be AI-native infrastructure.
Saying it wants to push the chain from 'programmable' to 'intelligent'.
Sounds grand.
But I only ask two questions:
Why must developers use you?
What will you lose if you don't use it?
If the answer is 'a little better' or 'a little more advanced',
That's not enough.
It must be 'indispensable'.
Otherwise, it’s a substitute.
The public chain track has never been about vision.
It's about irreplaceability.
Third, what is truly worth watching is the 2026 time bomb.
They repeatedly emphasize:
2026 is the year of execution.
Also mentioned Governance 2.0—
Not only changing chain parameters,
Also touching on AI model parameters, incentive logic, cost structure.
This sentence is crucial.
Because this means:
They want governance to enter the 'core system'.
Sounds advanced.
But the risks are also greater.
Once governance penetrates the model and economic structure,
Community quality determines life and death.
Playing well is evolution.
Not playing well is internal consumption.
I have remembered the timeline.
Since it is said that 2026 will be executed, then let’s talk about progress.
Don't drag it out.
The market's patience is very short.
Fourth, does the Token logic hold up?
VANRY is Gas.
This is a basic function.
But Gas ≠ value closed loop.
What truly determines the fate of the token is:
Is there real usage?
Is there sustained demand?
Are there developers locked in?
If there are truly AI toolchains, components, applications relying on Vanar in the future—
Then the token naturally has logic.
If not—
It is just a market amplifier.
When the market is good, follow along.
When the market is bad, be the first to be cut.
Fifth, my positioning for it is very simple
It now resembles a student preparing for exams.
The question has already been announced.
The exam time is written on the blackboard.
But the paper has not been distributed yet.
Now all the voices about '2026 explosion' are
They are just manifestos.
Manifestos are worthless.
兑现才值钱。
No progress for three months,
The market will forget you.
No results for half a year,
The market will abandon you.
Sixth, if you ask me how to handle it?
Don't have faith.
Don't get too high.
Don't use mainstream currency positions to pressure small caps.
Focus on three things:
Has the trading volume increased?
Is governance implemented as proposals and voting?
Is there a real product launch for so-called AI infrastructure?
Exchange tracking for confidence.
Don't trade losses for illusions.
The last sentence.
Vanar Chain is neither garbage nor a myth.
It is now a 'variable'.
The value of a variable depends on whether it can change.
2026 is very close.
The market is very cold.
Time will not wait for anyone.
Either deliver results.
Either get eliminated.